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|   | (b) | The cost of conducting an inspection shall be borne by Lessor, Owner or the Financing Parties’ Representative, as the case may be, unless an Event of Default has occurred and
is continuing, in which case the reasonable out-of-pocket cost shall be borne by Lessee.  |

  




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|   | (c) | No liability or obligation will be incurred by Lessor or Owner by reason of non-exercise by any of them of the inspection rights referred to in this Section. For the avoidance of
doubt, any inspection of the Aircraft by Lessor or Owner shall be for such Person’s informational purposes only, and there shall be no inference or implication therefrom that Lessee is in compliance with its obligations under the Lease. Without
limiting the generality of the foregoing, it is hereby acknowledged and agreed that Lessee, being in the business of operating commercial aircraft, is uniquely in a position to identify and implement the maintenance and security measures necessary
to comply with its obligations under the Lease and that in doing so, Lessee has not relied upon, and shall not rely upon, any statement, act, or omission of Lessor.  |

  




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|   | (d) | Lessor is responsible for and will indemnify Lessee against all Losses arising from death or injury to any observer, representative or any employee of Lessor in connection with the
Lessor’s inspection of the Aircraft whether or not such Losses arise out of or are attributable to any act or omission, negligent or otherwise, of Lessee, except to the extent arising from the gross negligence or willful misconduct of Lessee.
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